By Victor Homola (NYT)

Published: December 10, 2002

The German semiconductor manufacturer Infineon Technologies and the Semiconductor Manufacturing International Corporation of China said they had signed an agreement to cooperate on the production of standard memory chips. Under the terms of the deal, Infineon will transfer its technology for 0.14 micron chips to Semiconductor Manufacturing with an option for a future transfer of its 0.11 micron technology. In return, Semiconductor Manufacturing, which is based in Shanghai, will manufacture the products exclusively for Infineon, the companies said. The collaboration is aimed at consolidating Infineon's position as the third-largest semiconductor manufacturer in the market for standard memory chips. Financial terms were not disclosed.